The financing's terms will be disclosed "in the near future," an ACC representative told the Dow Jones news agency.
According to earlier reports from Bloomberg, which cited sources, the finance might total up to 4.4 billion euros.
The business plans to construct four production facilities with the money it has been given: two in Italy and one each in Germany and France. The French factory, which started operations in May 2023, is also expected to have its capacity increased.
The joint venture's third participant is Saft, a subsidiary of France's TotalEnergies.
source: dowjones.com
According to earlier reports from Bloomberg, which cited sources, the finance might total up to 4.4 billion euros.
The business plans to construct four production facilities with the money it has been given: two in Italy and one each in Germany and France. The French factory, which started operations in May 2023, is also expected to have its capacity increased.
The joint venture's third participant is Saft, a subsidiary of France's TotalEnergies.
source: dowjones.com